Board of Directors (Appointments and Changes)

Retiring GM director Isdell sees turnaround taking 10 years

2:03 pm U.S. ET | May 14, 2015

Retiring GM board member Neville Isdell has a parting message for CEO Mary Barra: Yes, GM has come a long way since the bankruptcy and is in capable hands, but the turnaround is far from complete....
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Reithofer's board role at BMW backed by fund firm

May 12, 2015 12:36 CET

UK fund firm Hermes Investment Management said it supported the election of BMW CEO Norbert Reithofer to the automaker's supervisory board. The proposal has drawn criticism for the lack of a cooling off period after Harald Krueger, the automaker's production chief, succeeds Reithofer as CEO....
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BMW faces opposition to CEO Reithofer's elevation to supervisory board, report says

May 10, 2015 10:56 CET

BMW faces opposition at its upcoming annual shareholders meeting to the appointment of outgoing CEO Norbert Reithofer as its supervisory board chairman, a German newspaper reported....
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VW to discuss new leadership structure as it seeks Piech successor

May 5, 2015 10:22 CET

Volkswagen's board will meet next month to discuss a new structure such as aligning individual brands more closely as the automaker seeks to return its focus to business following the shock ouster of former patriarch Ferdinand Piech....
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VW board to discuss recruitment of new chairman, reports say

May 4, 2015 13:35 CET

Volkswagen's supervisory board was meeting to discuss finding a new chairman to fill the void left by Ferdinand Piech's departure, reports said. The meeting precedes what is likely to be a tense annual gathering of VW shareholders on Tuesday....
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VW ex-chairman Piech challenges board nominees, report says

April 30, 2015 15:08 CET

Former VW Group Chairman Ferdinand Piech is challenging the company's choice of two of his nieces to replace him and his wife as board members, a German newspaper said. Piech is nominating former BMW and Ford executive Wolfgang Reitzle -- seen as a potential replacement chairman -- and former Siemens manager Brigitte Ederer instead, the report said....
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NEWS ANALYSIS

VW's search begins for perfect post-Piech chairman

April 27, 2015 18:09 CET

After Ferdinand Piech's resignation as chairman, VW's supervisory board has an opportunity to give stakeholders and investors clarity regarding the automaker's long-term future while simultaneously setting up the automaker for even bigger financial gains. The trick will be picking the perfect successor to Piech....
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LEADERSHIP CRISIS AT VOLKSWAGEN

VW board members demanded Piech go after learning of secret plot

April 27, 2015 08:38 CET

Ferdinand Piech, who resigned as chairman of VW Group over the weekend, caused his own demise by reneging on a deal to support CEO Martin Winterkorn and secretly plotting to oust him instead, according to sources close to the VW board....
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Piech denies reports saying he wants to oust Winterkorn

April 23, 2015 13:07 CET

Volkswagen Chairman Ferdinand Piech denied reports that he is seeking to oust CEO Martin Winterkorn, a German newspaper reported, quoting Piech. Separate German media reports had said that Piech aims to push out Winterkorn ahead of the carmaker's May 5 annual shareholder meeting....
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Piech's grip on VW weakened by row with CEO

April 19, 2015 18:12 CET

Volkswagen Chairman Ferdinand Piech's iron grip on the automaker has been severely weakened after a confrontation with senior board members over the future of CEO Martin Winterkorn. The dispute could cost Piech his job as key power players at the automaker move to oust him, a German newspaper reported....
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VW panel to meet today on leadership crisis, source says

April 15, 2015 19:08 CET

The steering committee of VW Group's supervisory board will meet today to try to resolve a leadership crisis caused by the exposure of a rift between its CEO and chairman, a source told Reuters....
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Piech, Winterkorn to discuss VW leadership crisis, report says

April 14, 2015 10:22 CET

Volkswagen Chairman Ferdinand Piech and the automaker's CEO, Martin Winterkorn, will discuss the company's leadership crisis when they meet in the next few days, a German newspaper reported. The two executives will discuss Piech's statement that he doesn't want Winterkorn to succeed him as VW chairman, the report said....
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VW board members back Winterkorn after Piech criticism creates crisis

April 12, 2015 16:47 CET

Volkswagen Chairman Ferdinand Piech faces resistance within the automaker's supervisory board to his criticism of CEO Martin Winterkorn, deepening a leadership crisis at the automaker. Piech publicly withdrew his confidence in Winterkorn but major VW power players including the powerful works council, the state of Lower Saxony and Piech's cousin, Wolfgang Porsche, rallied to Winterkorn's side....
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Winterkorn will not succeed Piech as VW chairman, report says

April 10, 2015 15:09 CET

Volkswagen CEO Martin Winterkorn has no chance of succeeding Ferdinand Piech as the automaker's chairman, a German magazine reported. The relationship between Piech and Winterkorn is unsettled, the magazine reported....
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Jaguar Land Rover names new global engineering chief

March 27, 2015 17:11 CET

Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfgang Ziebart. Rogers will assume board-level responsibilities for the UK automaker's global engineering operations, reporting directly to CEO Ralf Speth, JLR said....
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GM board member Erroll Davis to retire

11:17 am U.S. ET | March 27, 2015

Erroll Davis, a member of General Motors boards before and since the automaker's 2009 bankruptcy, will retire in June....
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GM strikes a deal with Harry Wilson

7:30 am U.S. ET | March 9, 2015

GM will buy back $5 billion in shares by the end of 2016 and return "all available" free cash flow to shareholders, a move that sidesteps a proxy battle with activist investor Harry Wilson. A former member of the federal automotive task force that restructured the company in 2009, Wilson will withdraw his nomination to join GM's board at its June meeting....
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GM in talks with activist shareholder Wilson, WSJ says

9:57 pm U.S. ET | March 8, 2015

General Motors, seeking to avoid a proxy fight, is in discussions with activist shareholder Harry Wilson regarding his proposal to join the automaker's board and to return $8 billion to investors, the Wall Street Journal reported....
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Former BMW exec Diess starts as VW brand boss in July

Feb. 27, 2015 16:20 CET

Former BMW executive Herbert Diess will take charge of Volkswagen's core brand from Martin Winterkorn three months earlier than planned, VW said....
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Group 1 names banker Doyle Arnold to its board

12:51 pm U.S. ET | Feb. 27, 2015

Group 1 Automotive has named a new director to its board seven days after another director resigned. The retailer said today its board of directors appointed Doyle Arnold, 66, as a Class I Director, effective immediately....
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Group 1 director resigns citing Buffett-Van Tuyl deal

5:27 pm U.S. ET | Feb. 24, 2015

Group 1 Automotive board member Beryl Raff has resigned, citing a potential conflict of interest related to her employer, Berkshire Hathaway, and its pending purchase of the Van Tuyl dealership group. Raff gave up her seat on Feb. 20, Group 1 said in an SEC filing....
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Activist Wilson to face savvy GM board

12:01 am U.S. ET | Feb. 23, 2015

There's no shortage of gravitas on the GM board as directors weigh Harry Wilson's bid for a seat and his call for $8 billion in share buybacks. Collectively, the group has pulled off multibillion-dollar deals, turned around companies and, yes, taken on activist shareholders....
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NEWS ANALYSIS

Harry Wilson's unfinished business at GM

12:01 am U.S. ET | Feb. 14, 2015

Harry Wilson's quest for a seat on General Motors' board is about more than the automaker's $25 billion cash stockpile. But on many measures, the former Obama administration auto task force member is saying essentially the same things as GM CEO Mary Barra and her team....
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Honda CEO Ito resists moves for his ouster, report says

6:37 pm U.S. ET | Feb. 11, 2015

Honda CEO Takanobu Ito, under fire for how he is dismantling the traditional way the Japanese car maker sources parts and technologies, has resisted moves for his ouster and will fight on for another two-year term, four people with direct knowledge of the matter told Reuters....
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GM adds former Lockheed executive as 5th female director

5:34 pm U.S. ET | Feb. 5, 2015

GM named Linda Gooden, a former executive vice president of Lockheed Martin, a director, giving the company's board of directors a fifth woman and second black member....
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Nissan's Munoz on dealers: 'You grow or you go'

Nissan's Munoz on dealers: 'You grow or you go'

Nissan N.A. boss Jose Munoz continues to push U.S. dealers for a big jump in market share while deflecting complaints that his stair-step sales targets are too hard to achieve.
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